Examveda

Total count of all contracts and options such as call, put and futures outstanding at start of working day is classified as

A. non clearing interest

B. clearing interest

C. close interest

D. open interest

Answer: Option D

Solution (By Examveda Team)

Total count of all contracts and options such as call, put and futures outstanding at start of working day is classified as open interest. Open interest is the total number of outstanding derivative contracts, such as options or futures that have not been settled for an asset. The total open interest does not count, and total every buy and sell contract.

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